120 West Recent Street, Glasgow, G2 2QD

• Office investment opportunity located within Glasgow’s Central Business District• Highly prominent corner location at the junction of Wellington Street and West Regent Street• Good quality office accommodation over ground and five upper floors• Total net internal area of 1,126.13 sq m (12,122 sq ft) and seven secure underground car parking spaces• The property is let under two FRI leases to FTG Ltd and HSBC Bank Plc expiring on 26 August 2015 and 11 September 2015 respectively• Fully sub-let to Hays Specialist Recruitment Ltd, Springford & Company Ltd, GAB Robins UK Ltd and Mediterranean Shipping Company (UK) Ltd• The property provides an annual rental income of £196,300 per annum (£15.04 per sq ft)• Heritable Interest (Scottish equivalent of English Freehold)• Offers are sought in excess of £1,650,000 (One Million Six Hundred and Fifty Thousand Pounds) exclusive of VATA purchase at this level provides a very attractive net initial yield of 11.24% after allowing for purchasers costs at 5.8% and provides a low capital rate equating to £136 per sq ft

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